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Bitcoin Breaks Below $120,500 — Volatility Rises, Stay Cautious
I see Bitcoin has slipped below $120,500 and is trading around $120,456.99.
The 24-hour move is a modest 0.1% decline, but price action is choppy and volatility is elevated — I recommend managing position size and using risk controls.
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Analysis
Bitcoin's breach of the $120,500 level is small in magnitude but accompanied by larger intraday swings; this suggests uncertain near-term direction and that key support/resistance should be watched fo...
Recommendation
I recommend watching the market closely and applying risk controls rather than initiating aggressive new positions until clearer directional confirmation appears.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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